Financial Wave. ADA(Cardano)Our priority scenario in Cardano has adjusted slightly. The final wave 5 may bring the price of ADA to $0.3630. A price drop below $0.3000 will change our markup.Longby Financial_Wave116
Cardano (ADA): a good startWhole previous year was not at all good for ADA, as the coin reached new historically lowest levels. The coin ended the previous year at level of $0.24 which is a new low for this coin. However, the start of a year was in a more positive mood, as ADA managed to revert a bit its price and erase some of the previous losses, by reaching level of $0.28, where it is ending the week. Daily trading volumes continue to be extremely low for ADA, but on a positive side is that buying orders were dominant on the market during the first trading week in this year. In line with the spot market, RSI was pushed to the levels above 50, which indicates that the market is more oriented toward the overbought side. Moving averages of 50 and 200 days did not change their course and continue to move as two parallel lines with clear downtrend. As per current charts there is potential for ADA to test the resistance line at $0.30, but it will occur only if there is enough market strength for such a move, considering quite low daily trading volumes. On the opposite side, the price might revert a bit down to $0.25 to test this level for one more time. by XBTFX2
Morning Update: Crypto Goes Boom! Part 1Boy, is it nice to be awaken in the night to sound of alert beeps going off and its NOT because Crypto is going down. After completing its initial wave 1, ADA price experienced very short and shallow wave 2. We obviously wake up this morning to a wave iii of 3 extending beyond standard Fibonacci resistance areas. Given the extension, we now expect a minor wave iv and v for our wave 3. A wave 4 and 5 should follow. If ADA remains impulsive, and continues to extend, this wave (i) on an intermediate basis should conclude in the areas of the next Fibs .359 to .393. Best to all, Chrisby maikisch2217
Morning Update: Sheer PerfectionADA price has successfully carved out a 5-wave pattern to the upside. Having completed that, I now expect ADA to retrace in a wave 2 into the target box of $0.262 to as low as potentially $0.246. Upon a successful retracement and HOLD of $0.246, the next time ADA breaches $0.277 it should do so impulsively. Things are starting to get exciting within the ADA chart folks. Best to all, ChrisLongby maikisch3320
Are we close to the bottom?...well DUH!!!Falling wedge... BULLISH ...we could have one more step down before we see bottom @ .18 cents. This is a good area to start DCA...in my HUMBLE OPINION...good luck! Happy Trading!Longby jimmythis343114
ada looking good hereada in a weekly falling wedge could see a nice move up here if we can break the downtrend all my targets are long term good risk to reward to start accumulating here Longby cryptomiketradin229
ADA needs to break above or it could see .06Ada needs to break above the red trend line to avoid going to .05-06 that could be the next accumulation zone. I am holding a bag as well I hope it breaks back above. Please do your DD and not investment adviceby BlackisKing1
ADA Cup and Handle pattern?Please do your own research. Ada looks to be forming a cup and handle pattern. I know there is so much negativity right now but I like to trade the chart in front of me.Longby BlackisKingUpdated 3318
Special Update: I said I would never do thisI am begrudgingly posting this micro of ADA. Full disclosure, based on what Mr. Internet and the Google Machine says... I am now considered an ADA Shark . From what I have read anyone owning between 10,000 to 100,000 ADA is considered a shark...LOL. I currently own just south of 21,000 ADA. I am in the process of deciding to whether to build that position to 100,000 or stand put. But when I started coverage on ADA I specifically stated I would not post micro counts. However, due to the sheer amount of DM's arguing me to track ADA more closely...I am a proponent of the good people who chose to follow me...so in many ways...I have no choice. ADA appears to have the beginnings of a bottom. What constitutes a bottom in ADA? I need to see an impulsive 5-wave structure that initially trades above $0.28, then trades above $.034. Only then can I begin to consider a long-term bottom in ADA has been struck. We're a ways away from that happening. But in the immediate, we're making good progress. Best to all, Chrisby maikisch7719
Financial Wave. ADA(Cardano)Our priority scenario in ADA is the price growth to $0.2792 in wave (i), before the growth to this target, the price may roll back in the small wave iv to $0.2601, but not lower than $0.2521. If the price drops to this level, we’ll change our view on ADA.Longby Financial_Wave115
Happy new year ADA on 1H timelineADA(Cardano) seems to come back on the mentioned level its all clear on the chart!by Trade_crypto102
Cardano (ADA): Accumulation-time ahead? 13 cents ADA would be a good risk reward ratio in my personal opinion and in line with Fib. retracement 0.168!by coinsupremo112
Is ADA nearing bear market lows?Hi guys/gals, Tools I use: time based fib extension fib retracement EMA/MA's question marks exclamation marks faces In this analysis I go through the ADA chart from the weekly chart to what we see here. ADA took of on a massive tare to the upside around q1 of '2021 and never came back to back test. This is why we are seeing a sharp drop in price as the value could not be sustained that high for to long. What I am seeing in my charts is that those who bought ADA prior to '2021 are now questioning their holdings and as you can see I've used faces to show what I believe to be the greed, concerned and upset/angry emotions. We have recently fallen below the happy holders (the red zone) and they are how questioning their position, for me to see the lows to form in ADA we need to see these holders sell their bags indicating to me we have capitulated. If price falls lower I'm expecting those questioning their bags to become upset and possibly angry selling at a loss and into the long term holders hands. How much lower could ADA go it's hard to say but I believe it is not far possibly in a 3-6 month time range. I could see ADA fall to between $0.20 - $0.10 in reality it could just go to $0.00 but I would not expect that to happen but its not out of the question. As always Be smart, Invest small & preserve your hard earned capital. Stay safe, Crypto Leonard P.S. This is NOT financial advice please DYOR.by CryptoLeonard0
Evening Update: Did ADA bottom?When I started tracking ADA I stated I would not track ADA on a micro level. I still feel the same way, but I reserve the right to change my mind. I have added an additional 10,000 to my original 10,000 and have staked all 20,000 ADA on Kracken. This s not a position I am trading in and out of. However I will say, the long term chart looks like it's coming into trend line support but would like to see $.33 breached to start to give me confidence we have struck a long term bottom. Sorry, no micros. Best to all, Chrisby maikisch4423
Cardano: Sell off toward $0.21 centsADA still in the downtrend and appear that bears are taking control in this trend. what ADA price it's around $0.25 cents, and based in H8 timeframe, we see a potential short toward $0.21 cents. The H4 still bearish and H8 too. What this it's a great opportunity to sell ADA based in price action. Meanwhile, if we closed up with a bearish signal in Daily candlestick, this could to mean that ADA will drop in the next couple days in this market crash. I hope that you enjoy to trade cryptocurrencies to short position. Good Luck!!! Shortby harisonhbn9718113
Cardnao 0.26 | Cycle of Long & Short participantsCharles confidence and spirit is fueled from gain earned at $0.002 cent to $3.0 bull cycle and with unlimitted cash to buy back at depression prices around 0.10 to 0.03 by Osang2
ADAUSDTThe Cardino is expected to fall to the area specified below, to close the bearish C wave, and thus it will end three historical bearish waves that extend over the five years of correction.Shortby KhaldHegazy0
ADA-USD prediction for upcoming 3 daysADA-USD prediction for upcoming 3 days (0.26$, 0.21$, 0.27$) I used TensorFlow for this forecast.by best938261
Cardano(ADA/USDT) Price Projections for 2023The crypto space is witnessing a minute roller coaster ride, with the price undergoing small ups and downs. Besides some of the prices of the tokens like Cardano remained plateaued with an equal brawl between the bulls and the bears. However, the stagnant trend is expected to vanish very soon as the fractal represented a revival of a bullish trend very soon. Over the past week, the price of ADA fell precipitously, experiencing a double-digit decline of more than 14%. With the drop, sharks increased their accumulation, which spiked to levels not seen since June 2021. Besides the social dominance of the token has also raised significantly, immediately after the FTX debacle. The levels soared from the lows of around 0.55% during the mid of November to as high as 1.63% by the end. Additionally, the total weighted sentiments which combine all the positive and negative mentions and compare with the frequency over time also raised very high. This indicates that the market participants are bullish on the asset and hence preparing for a larger move at the earliest. Besides, the dormant tokens which were not been moved in the past 3 years were moved during the same time marking a gigantic move incoming very soon. The ADA price now appears to be in a decisive phase where-in it may either rebound from the current levels or else experience a minor pullback to test the multi-year trend line and ignite a rebound towards new highs. by Coinpedia-Market-Insight227
Addressing the 17 cent elephant in the rooma year ago ADA was over $1 today its under $0.50. my previous prediction of needing to see 40 cents before we can really take another look is here. even when i look back at my notes from 2021 i wrote down that we would need to address the 17 cent elephant in the room and today i personally dont see how we avoid it and if anything we can build a stronger argument today than we could in 2021... i think at this point its only a matter of time...it might seem like a stretch but my bottom for ada is around 8-10 cents. *doom and gloom thoughts* the economy isn't even in recession yet... people are still being hired...jobs are still being created and wages are slow to catch up.... the money is still technically flowing. so i think with this string of thoughts ...what happens to the price of assets when it does get worse? even if we dont fall into recession ...inflation above 3-4% is going to slowly bleed the economy... unless the mean wage is capable of combating against it. Shortby JamesRunningLongAbbeUpdated 0